NAC319.469. Mobile homes.

Latest version.

     1. The Division will purchase mortgage loans for the financing of mobile homes.

     2. To be financed by the Division, a mobile home must:

     (a) Meet the requirements applied by the Federal Housing Administration, the Department of Veterans Affairs or a private mortgage insurance company, as appropriate, depending on which entity insures or guarantees the mortgage loan for the financing of the mobile home;

     (b) Have the running gear removed;

     (c) Be permanently affixed to a parcel of land; and

     (d) Be placed on the real property tax roll by the county assessor.

[Housing Division, Loans for Single-Family Homes Reg. § 9, eff. 7-23-80]—(NAC A by R166-99, 6-15-2000)—(Substituted in revision for NAC 319.480)

                    
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